KKR Financial Holdings LLC Fund Forecast
KKR Financial Holdings LLC fund price down 0% on Friday
(Updated on May 12, 2017)
No changes to the price of KKR Financial Holdings LLC fund on the last trading day (Friday, 12th May 2017). During the last trading day the fund fluctuated 0% from a day low at $25.47 to a day high of $25.47. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.
The fundis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $25.55 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect KKR Financial Holdings LLC fund with a 90% probability to be traded between $24.56 and $25.14 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and funds seldom manage to go directly from the bottom of a trend up to the top. Funds turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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KFI Signals & Forecast
The KKR Financial Holdings LLC fund holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $25.47 and $25.40. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, April 07, 2017, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for KKR Financial Holdings LLC fund
KKR Financial Holdings LLC finds support from accumulated volume at $25.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%
Our recommended stop-loss: $23.94 (-6.00%) (This fund has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 24 days ago.)
Trading Expectations (KFI) For The Upcoming Trading Day Of Monday 15th
For the upcoming trading day on Monday, 15th we expect KKR Financial Holdings LLC to open at $25.47, and during the day (based on 14 day Average True Range), to move between $25.43 and $25.51, which gives a possible trading interval of +/-$0.0439 (+/-0.17%) up or down from last closing price. If KKR Financial Holdings LLC takes out the full calculated possible swing range there will be an estimated 0.35% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $25.45 (0.08%) than the resistance at $25.51 (0.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is KKR Financial Holdings LLC fund A Buy?
KKR Financial Holdings LLC holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.260 Hold/Accumulate Unchanged
Predicted Opening Price for KKR Financial Holdings LLC of Monday, May 15, 2017
Fair opening price May 15, 2017 | Current price |
---|---|
$25.47 ( 0%) | $25.47 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KFI
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 25.47 | . | |
R2 | 25.47 | . | ||
R1 | 25.47 | . | ||
Current price: | 25.47 | |||
Support | S1 | 25.47 | . | |
S2 | 25.47 | . | ||
S3 | 25.47 | . |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 25.74 | 1.06 % | |
R2 | 25.52 | 0.196 % | ||
R1 | 25.51 | 0.157 % | ||
Current price | 25.47 | |||
Support | S1 | 25.45 | -0.0785% | |
S2 | 25.17 | -1.18% | ||
S3 | 25.16 | -1.22% |
FAQ
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